Power

encos release 3,306MWH of electricity to national grid

Sep 18, 2019

Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,306 MegaWatts/Hour of electricity into the national grid on Sunday . The Advisory Power Team, Office of the Vice President, disclosed this in a daily energy report made available to News Agency of Nigeria (NAN) in Abuja on Monday. The…

Read More

Discos urge FG to respect electricity contracts

Sep 18, 2019

The electricity Distribution Companies (DisCos) on Tuesday urged the Federal Government to respect the different agreements it entered into with the investors in the Nigerian electricity supply industry (NESI). Following the commencement of the Transition Electricity Market (TEM), the electricity market was expected to be governed by the sanctity of power purchase agreements that the…

Read More

Power generation by NIPP Gencos falls to 493MW

Sep 17, 2019

The continued instability of Nigeria’s national electricity grid has reportedly forced eight power generation companies (Gencos) of the National Integrated Power Projects (NIPPs) to cut down their average expected daily power production levels from a whopping 4694 megawatts (MW) to a mere 493MW, an operations status report obtained yesterday by THISDAY has disclosed. Exclusively obtained…

Read More

Discos receive 250,000 meter applications, install 26,000 meters

Sep 17, 2019

Power distribution companies in the country installed 26,000 meters under the Meter Asset Provider scheme in four months, even though over 250,000 applications were received from customers. The Nigerian Electricity Regulatory Commission raised concern with the “abysmal level of the implementation by Discos of their customer enumeration, and meter rollout targets under the MAP scheme”.…

Read More

Liquidity challenge still prevalent in Nigeria’s power sector – NERC

Sep 17, 2019

The Nigerian Electricity Regulation Commission (NERC),yesterday stated that the liquidity challenge in the Nigerian electricity industry manifested in the first quarter of 2019. The agency, in its first quarter report maintained that the challenge of poor remittance has remained a serious concern to the commission as it is one of the main causes of the…

Read More

Kaduna Electric completes overhead power lines

Sep 17, 2019

The Kaduna Electric has completed the construction of necessary overhead lines to synchronize the Kaduna power plant situated in Kudenda industrial layout with the existing power lines, the Managing Director of the company  Engineer Garba Haruna has said. He disclosed this while responding to an enquiry on the preparedness of the Disco to utilize the…

Read More

Nigeria’s power sector crisis rages with N65.9bn consumer debts

Sep 17, 2019

Amidst prevailing liquidity crisis in the power sector, customers of the 11 Distribution Companies (DisCos) owe at least N65.9 billion energy debts for the first three months of 2019, records have shown. In this piece, Daily Trust dissects a recently published 2019 first quarter report of the Nigerian Electricity Regulatory Commission (NERC). The commission admitted…

Read More

NERC sees 8.951m MWH of generation in Q1 2019

Sep 17, 2019

The Nigerian Electricity Regulatory Commission (NERC) has generated 8.951 million Megawatts-hour (MWh) into the electricity market in the first quarter of 2019. NERC made this known in its first quarter report obtained on Monday by News Agency of Nigeria (NAN) in Abuja from its website. The commission said during the first quarter of 2019, the…

Read More

New power investors jostle to replace Gencos, Discos as end of contract looms

Sep 16, 2019

Most Nigerians would rather sympathise with and not celebrate the new Minister of Power, Sale Mamman,  over his appointment by President Muhammadu Buhari given the fate that befell  his predecessors who left office with burnt fingers. Unfortunately for Mamman, he is coming on board at a time the power sector appears already saturated  with challenges enough…

Read More

Prepaid meter scheme suffers setback over Customs delay

Sep 16, 2019

About five million electricity consumers waiting to be metered by some accredited Meter Asset Providers (MAP) may have to wait longer over the inability of franchisees to get their consignments cleared by the Customs. Daily Sun learnt yesterday, that the delay in clearing the consignments has led to the delay in the installation of prepaid meters.…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...